Welcome To The Inspiration Mining HUB On AGORACOM
The company is exploring for nickel deposits on its Langmuir property near Timmins, Ontario; for nickel-gold-copper on its Cleaver and Douglas properties; and for molybdenum and rare earth elements at recently acquired Desrosiers property.
Message: So....Did anyone go and read Kian's technical report?
I sure did and thought for the folks who may have not here's why they are where they are today and in all likelyhood its probably why you will see those comments referring to open pit mining in the recent MD&A. Read the last paragraph, has anyone noticed whether Inspiration discontinued the drilling program since?
The recommendation list is being picked away at. :)
Page 99 21.0 INTERPRETATION AND CONCLUSIONS The regional and local geology indicates a nickel deposit model of massive sulphides with net textured and disseminated mineralization at the basal portion of the komatiitic sequence (Tisdale Group) and occasional with nickel bearing massive sulphides within the footwall intermediate metavolcanics (Deloro Group) near the contact. The assaying conducted by Inspiration indicates that the nickel mineralization is contained in sulphide mineralization with very minimal amounts contained in the nickel silicate minerals. Limited assaying has been conducted for copper and PGE and indicates anomalous to low concentrations. The geophysical surveys carried out have been a combination of IP and EM surveys that have detected the iron formations or graphitic argillites and not the sulphide bearing nickel mineralization. The 2005 and 2006 Inspiration diamond drilling programs were successful in defining the nickel mineralization at the Langmuir No.2 Mine – North Zone and at the Langmuir No.1 Mine. The diamond drilling is planned to continue during 2007. The diamond drilling at the Langmuir No.2 Mine – North Zone has indicated a long and broad nickel bearing mineralization zone, which contains possibly 3 distinct komatiitic extrusive flows in a paleo-topographic depression with the higher-grade mineralization generally located in the basal flow but is also located in the middle and upper flows. The majority of the drilling was concentrated to a depth of 100 metres below surface on approximately 25 metre centers. The deepest intersection was at a vertical depth of 230 m below surface with the pierce point of the zone at a depth of 150 metres. The southern portion of the zone trends 100 metres northerly with true widths of approximately 20 metres. The central and northern portion of the zone trends north-northeast for approximately 250 metres with true widths ranging from 35 metres to greater than 60 metres. The North Zone contains two higher-grade shoots that dip steeply to the southeast at 75
o and plunges approximately 70o south-southwest. The North Zone remains open to the north-northeast.
Page 100 The diamond drilling at the Langmuir No.1 Mine has indicated and confirmed historical drilling results of high-grade nickel mineralization in the East Zone. Due to the underground development and locations of the mined stopes, the Centre and West Zones have not been intersected in these drilling programs. The East Zone is located in the basal talcose ultramafic komatiites in contact with the underlying intermediate to mafic metavolcanics. A high-grade nickel bearing massive sulphide zone within the intermediate to mafic metavolcanics has been intersected in several of Inspiration’s drill holes. Historically, the East Zone was approximately 400 feet long but with limited sampling indicated narrow widths. Inspiration’s drilling has been concentrated in the northern portion and down plunge of the East Zone below the 315-foot mine level to a vertical depth of approximately 825 feet below surface. The current sampling practice of Inspiration has identified a broad halo zone of greater than 0.20% Ni with several highergrade intersections greater than 2.0% Ni exceeding 20 metres in true width. A total of seven basal till nickel geochemical anomalies are untested by Inspiration. Limited information is available on the results from historical diamond drilling. In KAJ’s opinion Inspiration’s Langmuir Property is of sufficient merit to warrant continuation of the ongoing diamond drilling program with additional definition drilling at the Langmuir No.1 Mine and deeper drilling down plunge of the 2 higher-grade nickel mineralization shoots at Inspiration’s Langmuir No.2 Mine – North Zone is also warranted. Additional diamond drilling is warranted to evaluate the seven basal till nickel geochemical anomalies and follow up drilling on historical nickel mineralization intersected by either Noranda or INCO. Page 101
22.0 RECOMMENDATIONS
The following work is recommended by KAJ on the Langmuir Property:
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ontinuation of the definition diamond drilling at the Langmuir No.1 Mine.
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Assay verification.
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Establish a diamond drilling grid at the Langmuir No.1 Mine.
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Commence an exploration diamond drilling program to evaluated the seven historical basal till nickel geochemical anomalies.
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A minimum of 10 samples from each zone across the strike length and down dip should be collected for bulk density test work to compliment the current specific gravity database.
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nitial metallurgical work for Langmuir No.1 Mine and Langmuir No.2 Mine – North
This above recommended work for the Langmuir Property is budgeted at $1,900,000 as shown in Table 13. The proposed program is subject to variation, depending on results to be encountered by Inspiration in the course of the program. Inspiration may determine that increased spending is warranted if favourable results are encountered and may conclude that less spending or discontinuation of the program is appropriate if unfavourable results are encountered.
2 Recommendations
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